Entries by Hugo Clerey

Getting a Trusted Online Store: The Guide

These days, online stores are becoming the new go-to option for any kind of purchase. Sites like Amazon, eBay and other similar e-commerce stores are constantly growing at the expense of the high street. If you are wishing to help your company progress and gain a worldwide following, the online store is a line you’ll […]

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PayPal’s Schulman Not A Bitcoin Fan

Digital payment company PayPal is not betting on bitcoin as of now. In an interview with TheStreet.com, PayPal chief executive officer Dan Schulman said that while PayPal is focused on innovating in the payment market, it’s not focused specifically on the digital currency. “I think right now, and we’re seeing this maybe more than ever, the volatility of […]

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SECURITY & FRAUD Consumers Want Biometrics – How Will Payments Respond?

With the holiday shopping season behind us, most shoppers can probably say with confidence that the worst part of the whole experience was trying to remember passwords for the eCommerce sites they shopped. It’s not just the holiday season, either. A recent study by Visa showed that, unsurprisingly, consumers are ready to say goodbye and good riddance […]

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Mobile Payments 2.0: Building Better Retail Experiences

Payments has by and large been a growth business for the last half decade or so, and that fact has been mappable in scores of innovations around the world. But, as PYMNTS’ Karen Webster pointed out, for all of those advances, one is conspicuously missing from the list — and that’s despite years of predictions that its ignition […]

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BITCOIN A Cryptocurrency With “No Purpose” Has Raised $700M

One of the hottest cryptocurrency investments of 2017, a startup called block.one, has raised $700 million selling a digital token that has “no purpose.” According to The Wall Street Journal, this is the largest initial coin offering to date, with block.one’s market value now at around $4.5 billion. The sale of the token, called EOS, has benefited from […]

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Shop tills to ring to ‘optimistic’ chime for Visa transactions in new era of ‘sensory branding’

Shoppers already driven to distraction by the incessant dinging, and beeping of self-checkouts could be about to face a new headache. Payments using Visa will soon be accompanied by a ‘signature sound’, which will chime out each time a card or smartphone is presented, or an in-app purchase made. Marketing employees at the company have […]

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Payments Testing One, Two, Three

Modern consumers have high expectations for technology. If something doesn’t work perfectly, they’re quick to grow frustrated and abandon it as junk. “Our generation is a little bit spoiled,” said Bart van Hoek, head of Innovations with UL Transaction Security — and he said that is all the more true with payments tech. Imagine going out for breakfast […]

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Google Predicts AI Will Be An Issue For Regulators

 A vice president at Alphabet’s Google says that the expansion of artificial intelligence (AI) and Big Data in various fields will pose new challenges to the governments regulating those industries. “It’s going to be a big issue,” Geoffrey Hinton said at a Reuters Newsmaker event in Toronto on Monday (Dec. 4). Hinton should know: He led a group of […]

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VISA Launches Real-Time Payments In Europe

Visa, the payments company, announced news on Thursday (Nov. 2) of the European launch of Visa Direct, a real-time international payments platform. In a press release, Visa said Visa Direct enables person-to-person (P2P), business-to-consumer (B2C), and business-to-business (B2B) money transfers. Through the service, funds can be transferred into the recipient’s Visa account quickly and securely, […]

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Paytm Says On Track To Be World’s Biggest Digital Bank

India-based Paytm Payments Bank not only wants to become the world’s largest digital bank, but also to evolve into a financial services company providing a slew of services like wealth management and trading. In an interview with Bloomberg published Tuesday (Nov. 28), Paytm founder Vijay Shekhar Sharma said the company is aiming to have 500 million […]

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APPLE PAY P2P Payments Coming To Apple Watch In The Autumn

      Peer-to-peer payments are coming to the Apple Watch this fall with the release of iOS 11 and watchOS 4. On its website, Apple said that Apple Pay users will be able to send and receive money quickly, easily and securely via its peer-to-peer payment platform. The feature will be available right in Messenger, or users can tell Siri […]

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Avoid being hit by the Government’s credit card surcharge ban with Cheaper Pay!

As of January 2018, businesses will be stripped of their ability to add any surcharges to their card transactions. Airlines, fast-food chains and small businesses will be those who suffer most from the ban, but there are ways in which these companies can make up for this potential loss of capital. Cheaper Pay’s industry-leading payment […]